[China's Belt and Road Initiative Is Changing].

Even before the coronavirus pandemic, financial and geopolitical problems were weighing on the "New Silk Road": China's overall investment has been declining for years, key construction projects are unprofitable, partners in Eastern and Southeastern Europe are turning away, and environmentally harmful projects are increasingly meeting resistance. Since 2020, affluent democracies reinforce alternatives and the People's Republic also defers debt. In addition to the "BRI Green Partnership", Xi Jinping is therefore pushing the "Digital Silk Road" and "China Standards 2035", i.

[China's Greater Bay Area].

Economic cooperation among mainland China, Hong Kong and Macao has deepened quickly since 2019. A roadmap for China's southeastern province Guangdong promotes a common development of nine municipalities within the Pearl River Delta and the two Special Administrative Regions. The Chinese government wants this combined Greater Bay Area to become a highly innovative city cluster with world-class technologies and industries.